For financial reporting purposes, goodwill:Multiple Choice$6$:$54$SavedMay be recorded when a company purchases another business.Must be expensed in the period it is recorded because benefits from goodwill are difficult to identify.May be recorded whenever a company achieves a level of net income that exceeds the industry average.Is amortized over its useful life$\mathrm{.}80$F$38$F$4$F$61$F$1$QF$2$W#$34\%5$RPrey